The Manatee County Port Authority yesterday approved a $13 million contract with American Bridge Company for a 584-foot extension of Berth 12 and a 10-acre container yard, finishing a port expansion project originating in 1997. The project is expected to be complete by mid-2013, well in advance of t
International oil service group Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia. In addition, a new service base wi
International oil service group Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia. In addition, a new service base wi
Origin Energy, an Australian integrated energy company focused on gas and oil exploration and production, on behalf of the VIC/P43 Joint Venture, advises that the Thistle 1 exploration well has spudded on 03:30 hours EDT on Thursday 19 April 2012. The well is being drilled using the semi-submersible
As Frankfurter Allgemeine Zeitung reported, the German government might acquire stake in a new grid operator, planned to bring offshore wind power to shore. The government could realize its plans through KfW Group state development bank. This news comes after grid operator TenneT announced delay in
As it was announced earlier this month, the Polish government has awarded PGE SA three permits to build offshore wind farms, according to Bloomberg. These will be the first of their kind in Poland. The government has awarded five permits with a total capacity of 4,500 MW. Ministry of Transport, Cons
OSX, an EBX Group Company of integrated solutions for offshore units and services, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered into by the companies. T
On Wednesday, business plans for wave energy were presented by UMD (University of Massachusetts Dartmouth) graduate students Jonathan Christie and Linnhardt Hilfer. For development of their business, they plan to raise up to USD 2.0 million, according to Brian Boyd from SouthCoastToday. At UMass Dar
Despite the ongoing financial crisis, emerging wind energy markets in Europe are expected to significantly increase installed wind power capacity by 2020, a panel session at the EWEA 2012 Annual Event in Copenhagen heard on Thursday. Peter Brun, of Vestas, told people attending the session — Emergin
United Maritime Group, LLC (UMG) today announced that it has entered into a definitive agreement to sell U.S. United Barge Line, LLC, a wholly owned barge transportation subsidiary of UMG, to Ingram Barge Company. Based in Tampa, the subsidiaries of UMG operate businesses in the dry bulk transportat
The first wave device installed in the waters at Cornwall’s marine energy test site has been manufactured by A&P Falmouth. Fred Olsen’s “BOLT Lifesaver” project, which is capable of operating and producing electricity, is now being tested in the sheltered FabTest site off Falmouth Bay, with easy acc
Statoil has completed its investigation of an incident where a helicopter operated by CHC made an emergency landing on the Åsgard B platform in January. It was a scheduled helicopter en route from the Deepsea Bergen drilling rig to Kristiansund in mid-Norway which had to make an unplanned landing on
Brazil-based OSX, a company that provides equipment and services for the offshore oil and gas industry, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered int
China-based COSCO (Guangdong) Shipyard Co. Ltd. has secured a contract with Energy Drilling Pte Ltd (“Energy Drilling”) to construct 2 units of Self Erecting Drilling Tender Barges valued at over USD220 million with an option for an additional 2 barges. The 2 barges under the firm contract are to be
